dwot (30.15)

Market Capitalization vs %GDP

5

What is really interesting to me is that when the market reached its bottom last March the market had just reached a place where I was getting neutral and that chart shows the the market was approaching the average of market cap vs GDP.

How does the graph take into account non-US companies that are listed on the NYSE and Nasdaq? For example, PBR and PTR are each about $200B Market Cap, non-US, and are listed on the NYSE...

If you combined the Market Cap of all foreign companies that have been listed on either exchange over the past 10-20 years, subtracted that from the market cap value in the graph, then re-graphed your chart, what would it look like?